An analysis of Costco's (COST) ownership structure shows institutional investors control 69% of the company, highlighting their significant influence over the retail giant's stock.
Chicago Bridge & Iron Company (CB&I) has acquired Petrofac's Aberdeen-based engineering and operations arm, a move that saves approximately 3,000 UK jobs while avoiding Petrofac's estimated $707.9 million debt.
Shell, with a 79% working interest, and partner INEOS Energy announced a significant oil discovery at the Nashville well in the Gulf of America on December 23, 2025.